AMEX:NBY Trading in a channel, sitting on bottom, looking for a bounce off bottom channel this week towards midline. tight stop loss of $0.85 and looking at a profit to risk ratio of about 10:1. Get it. Go long
$NBY i'll be looking tomorrow for a gap up and then a pop into the $4.50 half dollar resistance that I will short. Keep your stops tight if the lower high doesn't hold and keeps breaking up because it can run to $5
